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13951 Moorpark Street, Sherman Oaks, California 91423

$10,995,000

Property Details

Units34 Lot Size30,407 sq. ft
Year1964 Bldg Size40,801 sq. ft
GRM Current 14.52 GRM Market 10.41 Cap Rate Current 3.82% Cap Rate Market 6.19%

Unit Mix

TOTAL UNITS UNIT TYPE
1 S Low
1 1+ 1 Low
4 1 + 1
18 2 + 2
5 2 + 2 Low
5 3 + 2

Property Description

- Huge Units
- Excellent Sherman Oaks Location
- Tremendous Unit Mix
- Pool and Elevator
- Seven Low Income Units Burn off in June 2026
- Excellent Assumable existing loan at 3.55% fixed for approximately 9 more years
- Huge upside in the rents
- City required Seismic retrofitting has been completed

Property Type Multi-Family

Location

13951 Moorpark Street, Sherman Oaks, California 91423